Hamilton police Sergeant Paul Stanhope said the aggravated burglary happened in Milton Street on Saturday night.

"The residents were home and had gone to bed when offenders entered through a back sliding door," he said.

"Two wallets and a mobile phone were just inside the home and were removed from a breakfast bar.

"The residents noticed the items were missing and reported the offence on Sunday morning."

Sergeant Stanhope said police officers were reviewing security camera footage after bank cards stolen in the heist were used.

Anyone with information is requested to contact the Hamilton police station crime investigation unit or Crime Stoppers on 1800 333 000.